Done Deal! Hard Money Construction Loan in Pioneertown: $861,250 @ 10.50%, 1st TD, ADU, Cash-Out, 63.80% LTV
Borrower and long-time business owner, architect, and designer sought a cash-out 1st TD to build an ADU on the subject property in historic Pioneertown, CA in San Bernardino County. The ‘Modern Wolfden,’ as the borrower calls it, will be a custom-built, modern 2 bedroom / 2 bathroom ADU with added privacy but also distinguished views…